Investing.com - SmartFinancial (NASDAQ:SMBK) Inc reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
SmartFinancial Inc announced earnings per share of $0.69 on revenue of $42.96. Analysts polled by Investing.com anticipated EPS of $0.73 on revenue of $44.02M.
SmartFinancial Inc shares are down 0% from the beginning of the year, still down 3.70% from its 52 week high of $28.63 set on January 4.
SmartFinancial Inc follows other major Financial sector earnings this month
SmartFinancial Inc's report follows an earnings beat by JPMorgan on October 14, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on October 17 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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